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Article: DANSKE TO SEEK EU CLEARANCE TO BUY BANKS IN NORTHERN IRELAND AND IRISH REPUBLIC.(European Union)(Brief Article)
- Article from:
- European Report
- Article date:
- December 15, 2004
CopyrightCOPYRIGHT 2004 Europolitics. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Denmark's largest bank Danske Bank Group has agreed to buy Northern Bank in Northern Ireland and National Irish Bank in the Republic of Ireland for [pounds sterling]967 million (Euro 1. 4 billion) in cash. Danske said the two banks provided a good match in two healthy and growing economies. It is the bank's first major purchase outside Scandinavia. The banks have been owned by National Australia Bank since 1987. The deal will be closed only after ...
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